Namecoin To Ether – Starting at $5+

explain topics of the cryptocurrency world…Namecoin To Ether. using analogies stories and examples so that you can easily comprehend them in this video we are going to be describing what unstoppable domains is how they might be much better than ens and what that implies for people entering into the complex crypto area prior to we actually get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we love using examples so that’s exactly what we’re going to be utilizing to help you comprehend dns so dns represents domain service which is an elegant method of stating that it is a valuable service which allows us humans to key in human readable addresses into the search bar and after that it will automatically turn them into maker understandable addresses so most of you are probably knowledgeable about ip addresses and those are exactly how a computer at one end of the web understands how to talk particularly to another computer somewhere else and not simply shout it into the void that is the web when you type in google.com and you struck enter your computer sends a message to your internet service provider saying yo where’s google the internet service provider learns and goes to where google is tells them that you are looking for them and then grabs a bundle back to send out to you now the plan is then unpacked by your computer to reveal you the entirety of the google.com web page utilizing complex math and software all of this

communication takes place behind the scenes however to you it’s simple and easy to use in fact if we needed to enter 8.8.8.8 into the url bar instead of google.com a lot more people would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and nets since it makes good sense to us so that’s essentially what a dns is a translator for human beings to speak machine code next up let’s see how this works for crypto ens is essentially the exact same thing that i just pointed out except it’s for ethereum ens represents ethereum name service and basically lets me inform you that whiteboardcrypto.eth is my wallet address so you can just type that in and pay me 20 if you want by the way if you don’t have 20 and you want to support the channel do not hesitate to leave a like listed below it’s free and it rewards all our hard work on this video and the past hundred that we’ve been actually hard at work creating however anyways if you’re not used to understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share

Current domain register to release domain or in order to move it over to this other domain register and so on uh when you have a dot crypto dot zill any kind of blockchain based domain name you can move it to anywhere you desire whatever wallet you want with ease all right so now let’s delve into my laptop and enter the tutorial area of the video where i wish to reveal you unstoppable domain names how to get a domain how to establish a particular wallet so you can connect the domain name that you purchased to your wallet etc so you can truly understand how to properly utilize unstoppable domain so let’s start welcome to my laptop computer let’s start so this is unstoppable domains.com now to start with this website is very simple you just come here and after that you type in the domain that you desire right here and after that click search now i want simply wish to point out that they do have specific rate points for how many characters remain in the domain that you wish to get so something over 8 characters will be 40 the smaller the domain name the more costly it’s going to be so for instance if i was come here and i key in my last name 2 400 uh i believe i’ll pass but anyways let me proceed and simply add this to haul for presentation functions we’ll go to the carts and that’s it all right and

then you click on here checkout which’s it and so you can pay with a credit card paypal crypto or you can pay with the crypto.com app and i truly like i like that it’s versatile i like it’s that it’s not one of those weird crypto websites where you have to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with however payment entrance you wish to use fine and that’s it and so when you’re all set then you’ll have your my domain list in your account and so we have right down there so i own my name dot crypto and make a website dot crypto which’s it how to claim your crypto domain address now the reason that you ‘d wish to go through the procedure and actually declare uh your domain addresses because one then you really own it then two you can do whatever you want with it if you want to go sell it on some kind of like nft market you can go on and do that alright so much like when you buy any kind of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou up until you actually move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you understand it’s like a hot wallet i guess you understand this is you you have not declared it yet so it’s an iou that you own this therefore i simply want to briefly reference at the time of this video that there are a few methods to claim your domain the first way is that you need to acquire a claim with credits charge so that costs uh at this time 40 per domain and so that’s spends for the gas fees you resemble what are gas charges look this the ethereum network you actually have to pay uh to move things on and off through gas costs number two is you can pay the gas charges straight from your own wallet so if you currently have a wallet established and you have ethereum in there you can pay with your own ethereum or you can just wait till august so then they’ll have a scaling solution that makes it easy to claim however anyways to get started is extremely easy so we go here say if i want to declare this one make a website.crypto we’ll claim with ethereum right there claim procedure started so now we need to send out the code by email so click that therefore right over here we’ll leap over here and await the code to strike my inbox there it is we’ll take this all right so here is the code i’ll take this we’ll just highlight that best click copy paste there we go boom put that in alright fantastic now you’re like whoa what do i do select wallet for claiming so unstoppable domains has their own app we have a web 3 wallet coinbase wall all mu wall is particularly for ethereum now there are a couple of different wallets that they recommend so for desktop there’s meta mask for mobile you can

use the coinbase wallet trust wallet for me personally i like metamask if you’re going to be utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to utilize metamask so to get start with metamask is simple meta mask there we go all right so we click here then we want to download it now click on that set up metamask for chrome okay and let’s go ahead and contribute to chrome include extension and there we go all right so now the metamask app is set up on our web browser so we just click on get started we are new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency Namecoin To Ether